Investors Demand the Steepest Price for US Debt Since 2007
The Treasury sold $22 billion of the reopened 29-year-10-month bond, CUSIP 912810UU0, at a 5.058% high yield.
- July 9 auction offered $22 billion in a reopened 29-year-10-month bond, not a fresh issue.
- High yield hit 5.058%, the richest rate on this maturity since August 2006's 5.08%.
- Every 30-year auction from 2007 through June 2026 priced below this week's rate, Treasury data show.
Why it mattersNobody lends a government money for thirty years without pricing in the debt it refuses to control.
U.S. Treasury, Bureau of the Fiscal Service — Treasury Securities Auctions Data (Fiscal Data) ↗ · Jul 9, 20267/9/26 · ✓ Checked✓ Check